Dhandapani Chandra 4

What Happened
Dhandapani Chandra, a director of Northern Trust Corporation (NTRS), was granted stock-unit awards (Transaction code A) on June 30 and July 1, 2026. The grants were: 201.33 units at $173.84 each (value $34,999) on 2026-06-30, and 25.94 units at $175.60 each (value $4,555) on 2026-07-01 — a combined 227.27 units worth approximately $39,554. These are award/acquisition transactions (not open-market purchases or sales).

Key Details

• Transaction dates & prices: 201.33 units @ $173.84 on 2026-06-30; 25.94 units @ $175.60 on 2026-07-01.
• Total units received: 227.27; total reported value: ~$39,554.
• Shares owned after transaction: Not disclosed in the provided filing information.
• Footnote: F1 — these are stock units payable automatically on a 1-for-1 basis in shares of common stock (i.e., each unit converts to one share).
• Filing: Form 4 filed 2026-07-02; timing appears consistent with the June 30–July 1 transactions (no late-filing flag noted in the provided details).

Context
These were equity awards (stock units) granted to a director as compensation or service-related awards. Stock-unit grants are acquisitions for reporting purposes but may be subject to vesting or other plan terms before conversion to actual shares. Awards are routine insider transactions tied to compensation; they differ from open-market purchases as they typically reflect company compensation practices rather than an independent personal buy signal.